According to CoinMeta, on October 29th, the price of Ethereum fell by more than 2% to around $2,318, due to ongoing withdrawals from US spot Ethereum funds and a weak crypto market. On October 28th, US spot Ethereum funds recorded a net outflow of $21.41 million, marking the third consecutive trading day of withdrawals. Blackstone's Ethereum trust contributed $44.83 million to this outflow. Meanwhile, in the past 24 hours, Bitcoin fell by 1.66%, and the total market value of the crypto market decreased by about 1.7%. Ethereum's latest decline coincides with another round of institutional capital withdrawals; data shows that from October 26th to 28th, investors withdrew approximately $170 million from spot Ethereum funds. Despite the pressure of withdrawals, positive inflows into competing funds indicate that investor activity is not entirely one-way. On October 29th, Ethereum traded near $2,320, and technical indicators continued to favor the sellers.